$BTC In the morning, the price of the currency rebounded after reaching a low of 116492, reaching a high of 119730. It fell back to 117830 in the evening and then rose again, consolidating around 119200. Ethereum showed a unilateral upward trend, fluctuating and climbing from a low of 3682, and took a break after rushing to 3859 in the evening, performing better than Bitcoin.
Bitcoin's "three longs and one short" profit was 4114 points during the day, and Ethereum gained 177 points with the same strategy, which shows the operating space under different market conditions. Bitcoin's volatility revealed a stalemate between longs and shorts, and the support of 116492 was stable; Ethereum's unilateral upward trend highlighted the dominance of longs, and strong short-term buying.
In the short term, Bitcoin is expected to rush to 119730 again if it stabilizes at 116492, and it needs to be prevented from deep adjustment if it breaks; Ethereum can continue its upward trend if it stabilizes at 3800, and it may enter adjustment if it loses.
Ups and downs are the norm in the market. The setbacks of chasing ups and the rebounds after selling at a loss are common. Be patient and wait for the trend to emerge. Don't be swayed by the numbers. The persistence of watching the market late at night and the meticulousness of reviewing the market are all turning into your trading intuition.
Dabing suggests: Go long if it falls back to 117000-117200, with a target of 119500; otherwise, go short.
Ether suggests: Go long if it stabilizes at 3720-3750, with a target of 3900-3950, stop loss at 3680, follow the trend, and do a good job of risk control. #稳定币监管风暴